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News
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LCG, June 26, 2025--Invenergy today announced that they and Meta Platforms, Inc. have signed four new clean energy agreements that total an additional 791 MW of procured solar and wind capacity to support Meta's near-term operations, data center growth, and clean energy goals.
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LCG, June 23, 2025--The Governor of New York today directed the New York Power Authority (NYPA) to develop and construct an advanced nuclear power plant in upstate New York to deliver zero-emission power that supports a reliable and affordable electric grid. NYPA will lead the effort to develop at least one new nuclear energy facility with a combined capacity of at least one gigawatt (GW) of electricity, either alone or in partnership with private entities. The directive builds on the Governor’s 2025 State of the State to develop nuclear energy plans in New York.
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Industry News
California Submits Evidence of Alleged Manipulation
LCG, Mar. 3, 2003--California officials continue to try to obtain $7.5 billion worth of refunds from power suppliers based on long-term contract prices signed in 2001, and said evidence they are submitting to the Federal Energy Regulatory Commission today was too significant to be concealed by a protective order.The evidence, taken from transcripts of conversations between power traders, documentation of bids and plant operations, interviews with traders and company memos, was collected during a period of 100 days, an extension of the time in which the FERC had originally allowed the state to submit its findings. While Reliant Resources was fined $13.8 million for its role in having power withheld from the market during a short period during June, 2000, those involved with the current investigation have indicated that market abuse was much more prevalent and persistent than has previously been demonstrated.According to California's findings, the San Francisco Chronicle has said, major energy companies such as Williams, Dynegy and Mirant shut down power plants that were capable of operating in order to drive prices up artificially. Companies named by California will have until March 20 to rebut the state's conclusions. FERC intends to make its determination on most of the claims for refund within a month's time.The chairman of utility holding company Edison International, John Bryson, said information sealed under the protective order contains evidence that is "extraordinarily strong." According to Loretta Lynch, a current member and former president of the California Public utilities Commission quoted in the San Diego Tribune, "If FERC does not institute punishment that is both serious and suitable, (market manipulation) will continue and the only choice will be reregulation of the marketplace." Gary Ackerman, the executive director of the Western Power Trading Forum, said that FERC's plan to reach a conclusion on nearly all the claims within a month "sounds a little tight," and commented that "I would expect and pray my members have not done any of this and they will bring to light anything that was inappropriate in the course of this process."
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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